Menu
in

Telegram’s Crypto tokens are going mainstream in July

It’s been a long time coming, and the rumors have been very profoundly for the past twelve months. Finally, the popular Instant messaging app, Telegram will be available to the general public as early as July 10.

Telegram’s gram token started its journey to the public domain in what seemed to be the biggest ICO in history. Purchased by accredited investors in 2018, Telegram’s crypto token generated about $1.7 billion in investment from top sale investors.

Initially, Telegram had aimed to create a platform that will empower and unify the Internet community as a whole. In a twist of events, the tokens showed early signs of lack of flexibility that prompted many investors to sell their tokens for maximum profits.

After taking some time out to re-strategize and ink new deals, the gram tokens will now be available for retail investors and the general public.

The Gram Tokens overly empower the Telegram Open Network(TON) program

Adjudged to be the most widely used messaging app for ICO projects, Telegram is keeping up its ambition to bring a decentralized internet to life. Through its TON program, Telegram seeks to introduce new kinds of internet services without putting away the old ones.

The messaging giant also discloses that its TON-compatible service play will allow the development of blockchain-based internet services for everybody.

The highly-anticipated sales of first gram tokens will take place this as a limited listing on the Liquid Crypto platform. This comes as an initial public offering that will precede a full public availability later in October.

Although Liquid will be listing the first gram tokens in July, it doesn’t categorically have any direct permission from Telegram. Rather, the firm would be listing an unspecified number of gram tokens that are in the custody of Gram Asia.

Initial July sales will only give a sneak peek at the market’s appetite for the GRAM tokens

When the first gram tokens make their first entry into the public space in July, it will give the messaging giant an early but narrow insight into the performance and demand for its tokens on the market.

However, the gram tokens wouldn’t be available for public sale in some countries, including the U.S, Japan, and Korea.

Leave a Reply